How to explain fee levelization —zero revenue sharing investment options approach
It’s no secret, many retirement plans use revenue sharing from the plan’s investment options to cover necessary fees, such as administrative costs. But, it often means 401(k) plan participants pay unequal proportions of those fees. Fee levelization — or fee equalization — helps business…
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Know Thyself: Socratic Thoughts on Defined Benefit Fee Policy Statements
I’m not sure what this says about me, but every time someone mentions Socrates, I think of Steve Martin’s depiction of the ancient philosopher in his 1980 TV special Steve Martin: Comedy is Not Pretty. (“…And not once did anyone ever say: ‘Socrates, hemlock is poison!’”) In real life,…
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